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26 May

PBT's grant negotiation with Australian government collapse: Poseidon

Efforts to negotiate an AUD 119.6 million ($78.07m) federal grant to Pure Battery Technologies for a precursor cathode active material refinery hub (pCAM) in Western Australia have collapsed, Kallanish has learned. PBT had been in talks with Australia’s Department of Industry, Science and Resources over a conditional grant under the Modern Manufacturing Initiative grant programme. The grant was announced in March 2022. According to partner Poseidon Nickel, …
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